The average daily number of trades on SETS, the London Stock Exchange’s electronic order book, was 143,817 in June 2004, an increase of 14 per cent on the daily average for the same month last year. During the same period, the average daily value traded on the order book rose 13 per cent to £3.1 billion. The value of an average SETS trade remained broadly unchanged at £21,834, as did the number of trades required to fill an order, which averaged 1.63.

The total number of trades on SETS during the month was up 19 per cent at 3,163,980, while the total value traded increased 18 per cent on the previous year to £69.1 billion.

Overall there were 4.19 million UK equity trades on the Exchange, an increase of nine per cent on last June. The value traded also rose 15 per cent to £184.8 billion, up from £160.4 billion in June 2003.

There were 40,802 trades made on the Exchange’s International Order Book, worth a total of $11.4 billion. Russian securities accounted for over half of the transactions, with 25,054 trades worth a total of $5.9 billion.

There were 10,616 ETF trades on the Exchange during June 2004, the busiest month since the ETFs were launched in April 2000. The value of ETFs traded amounted to £409 million. There was also an increase in the value of covered warrants traded, which amounted to £10 million for the month, up from £7.84 million traded in June 2003.

There were 33 new issues on the primary market in June, raising £846.9 million between them. All six of the new issues on the main market were IPOs, including one international IPO. There were 27 new issues on AIM, including 17 IPOs.

There were 22 business days in June 2004, compared with 21 in June 2003.

• About the London Stock Exchange:

The London Stock Exchange is the most international equities exchange by trading in the world and Europe's largest pool of liquidity. By the end of 2003, the market capitalisation of UK and international companies on its markets amounted to £3.3 trillion, with £3.6 trillion of equity business transacted over the year.

The London Stock Exchange is a Recognised Investment Exchange (RIE) under the Financial Services and Markets Act 2000 and is supervised by the Financial Services Authority

• SETS – the electronic order book.

Indices are calculated and managed by FTSE Group, a world-leader in the creation and management of global equity indices. The FTSE Group is jointly owned by the London Stock Exchange and the Financial Times, but operates as a wholly autonomous company.

For information about the company or any FTSE indices, please contact media@ftse.com

IPO - when a new company joins our market raising money. This excludes transfers and introductions (a company that joins a market without raising money).

• SETSmm

• Retail Trading Figures

London Stock Exchange
Monthly Factsheet Figures
June 2004

	2004		2003
DOMESTIC EQUITY TRADING	Month	Year to date	Month	Year to date
Equity Trading Value (£m)	184,841	1,200,654	160,389	855,587
Number of Equity Trades	4,193,717	26,825,791	3,848,698	22,171,360
INTERNATIONAL EQUITY TRADING
Equity Trading Value (£m)	191,731	1,215,149	155,562	835,751
Number of Equity Trades	891,822	5,729,425	836,724	5,295,998
ORDER BOOK TRADING
Order Book Value (£m)	69,082	444,514	58,503	341,398
Order Book Trades	3,163,980	19,497,790	2,655,783	16,006,257

	June 2004	June 2003
DOMESTIC MARKET CAPITALISATION (£bn)	1,388	1,221
TOTAL NUMBER OF COMPANIES	2,722	2,727
UK list	1,508	1,627
Foreign	368	399
AIM	846	701
of which techMARK	178	198

	2004		2003
MONEY RAISED (£m)	Month	Year to date	Month	Year to date
UK & AIM New Issues Equity	747	2,387	53	577
Further, Rights and Other	375	5,869	297	2,151
Bonds, Warrants, Fixed Interest	9,092	68,410	11,881	54,941
Int. New Issues Equity	100	587	100	100
Further, Rights and Other	-	122	24	3,931
Bonds, Warrants, Fixed Interest	9,254	55,357	8,379	45,468
COMPANIES ADMITTED	33	153	13	66

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